Filed under: Economic data, Politics

Here’s an item that’s so laced with irony it defies comment — I can’t come up with a metaphor that does it justice. It’s sort of like rearranging deck chairs on the Titanic, but it’s much, much, much more pathetic.

President Bush’s 2009 budget is expected to lead to a deficit of more than $400 billion. But not to worry, our fearless leader has a plan to cut back on spending.

According (subscription required) to the Wall Street Journal, “In years past, the White House’s Office of Management and Budget distributed about 3,000 copies of the budget free to media outlets, congressional offices and elsewhere in the capital. This year, those folks must buy a printed copy or access one free online.”

Members of Congress can get a copy for $67.50. Ordinary taxpayers hoping to get the details on how their elected officials plan to waste their money and then some will have to pay $213 — or read it online.

The plan will save taxpayers an estimated $1 million over 5 years.

So $400 billion divided by $200,000… The President has found a way to shave off 1/2,000,000th of the projected deficit for 2009 that will be passed on to future generations.

Keep up the good work!

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This entry was posted on Tuesday, February 5th, 2008 at 11:42 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.